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Saving, Investment and the Financial System

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the primary function of the financial system ini the economy?

a)

Regulating currency exchange rates

b)

Channeling funds from Savers to borrowers

c)

Determining the price of goods and services

d)

Controlling government spending

2.

what is meant by "saving" in macro economics?

a)

money lent by the government

b)

Money spentspent for consumption

c)

income not consumed by households and the government

d)

purchased of stocks and bonds by companies

3.

which of the following characteristic of bonds are considered higher risk?

a)

Short term

b)

inflation protection

c)

high credit risk ( high probability of default)

d)

issued by the US government

4.

Mutual funds offer advantages because:

a)

They provide portfolio diversification for investors with small capital.

b)

They guarantee a 100% return on investment.

c)

They do not charge management fees.

d)

They only purchase shares from one large company.

5.

The loanable funds market seeks equilibrium between:

a)

Government revenue and spending

b)

Total debt and bad debt

c)

Supply of funds from savers and demand from borrowers

d)

Stock and bond prices

6.

How do tax incentives for savings affect the loanable funds market?

a)

Shift the supply curve to the left

b)

Shift the supply curve to the right

c)

Reduce the amount of savings that people save

d)

Shift the supply curve to the left

7.

The purpose of government-provided investment credit is to:

a)

Reduce public savings

b)

Increase demand for loanable funds

c)

Lower fixed interest rates

d)

Increase corporate taxes

8.

A government budget deficit has all of the following effects except:

a)

Reduces national saving

b)

Increases real interest rates

c)

Increases private investment

d)

Crowds out private investment

9.

The role of banks that distinguishes them from other financial institutions is:

a)

Purchasing company shares

b)

Distributing long-term loans

c)

Acting as a medium of exchange through checks and debit cards

d)

Managing pension funds

10.

The crowding-out effect means:

a)

The government restricts private investment

b)

The government increases savings

c)

Government deficits raise interest rates and reduce private investment

d)

The government reduces debt